Distance from the record
This close sat 53.76% below the highest silver close recorded up to that date, set on 2008-03-05.
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This page is a historical record of the silver price in 3 December 2008, not the current price.See today's silver price (11 September 2026)
Lowest closing price since 21 November 2008
Silver closed at $9.564 per troy ounce on 3 December 2008, down $0.026 (0.27%) from the previous close of $9.590.
This close sat 53.76% below the highest silver close recorded up to that date, set on 2008-03-05.
Twelve months earlier silver traded around $14.01, making this a -31.74% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $9.56 per troy ounce on 3 December 2008. That is $0.03 lower than the previous close of $9.59, a move of -0.27%.
The silver price fell on 3 December 2008, losing $0.03 (0.27%) against the previous session's close of $9.59.
At $9.56 per troy ounce, one gram of pure silver was worth about $0.31 on 3 December 2008. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 80.4 on 3 December 2008, meaning one ounce of gold was worth roughly 80.4 ounces of silver.
A week before 3 December 2008, silver was around $10.22 per troy ounce, so the close of $9.56 is a loss of 6.4% over the week.
A year before 3 December 2008, silver was around $14.01 per troy ounce. The close of $9.56 therefore represents a fall of 31.7% over twelve months.
It closed 53.76% below the highest close on record up to that date, which was set on 2008-03-05.